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Re: dmlabuda post# 22080

Wednesday, 05/25/2011 3:35:23 PM

Wednesday, May 25, 2011 3:35:23 PM

Post# of 30810
I don't know how you arrived at "Weak" with a 52 week high today.
MACD looks strong.
There is a lot of support at 2.20 - 2.22
If it broke through that, as you suggest, then it would have been as a result of an analyst downgrade or Mel issuing revised guidance. So in that situation, you wouldn't be buying, ever.

That said, it's near the top of the channel and might pull back for the holiday, as I hinted.

http://finviz.com/quote.ashx?t=siri&ty=c&ta=1&p=d
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